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By Brian Kendrella, President

As 2018 comes to a close, I wanted to take a moment to look at this year’s accomplishments as well as what we are looking forward to in 2019.

By Brian Kendrella, President

When I speak with customers, perhaps the question I get asked most is: “How is the numismatic market?”  Like most markets, ours is a little too complex to be covered by a single question or a simple answer.  Coins or bank notes?  U.S. or foreign?  China or Great Britain?  And so on.  There are too many variables in that five-word question to give a fair and accurate answer.

​I believe that a major indicator of numismatic market strength is the quantity and type of property coming to auction. For the majority of our clients, collecting is completely discretionary; there is rarely a need to sell.  However, our clients in particular are very astute, as is the collectibles market in general.  Prices realized are closely monitored and studied and when clients feel the potential to achieve strong prices for their property, they bring them to market. ​

By Brian Kendrella, President

This week, we completed our Official Auction of the New York International Numismatic Convention.  Highlighted by the Eldorado Collection of Colombian and Ecuadorian Coins and Colombian Paper Money, as well as many other fantastic collections and individual rarities, the sale achieved prices realized of $9.8 million.  This total represents a 75% increase from our 2017 auction, making it our largest NYINC sale in at least the past decade.

By Brian Kendrella, President

I am pleased to report that our recent Winter Baltimore Auction achieved total prices realized of $15.4 million, more than double the total prices realized of $7.4 million achieved in 2016.  The sale was highlighted by the Cardinal Collection, the Alexander Collection, and the Murray Hill Collection, as well as many other fantastic cabinets and individual rarities that created great excitement and attracted enthusiastic bidding.  Feedback from the sale and the prices realized was overwhelmingly positive as the market again demonstrated its strength. 

By Brian Kendrella, President

​Coming out of this summer's ANA I reported that the market was alive and well.  Astute collectors have recognized this and as a result we are pleased to be preparing our most exciting Winter Baltimore Auction of the past five years. Anchoring this important event is a number of significant consignments, including the Cardinal Collection Educational Foundation, Alexander Collection, Murray Hill Collection, Frog Run Farm Collection Part IV, Twin Leaf Collection Part IV, Catherine Bullowa Moore Collection and duplicates from the Syd Martin Collection.

By Brian Kendrella, President

I am just now getting a moment to decompress from a very active and dynamic ANA World’s Fair of Money.  Our auction and activity on the bourse floor exceeded our expectations and from these results we see that the numismatic market alive and well.

By Brian Kendrella, President

This past week the Stack’s Bowers team attended the Central States Numismatic Society Convention.  Overall, activity was mixed in our opinion, due to the varied quality of the material being offered. However, it followed the patterns that we have seen recently – great coins are bringing outstanding prices and attract tremendous interest,

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